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单词 CONVERSION PARITY
释义

The market value of the shares of COMMON STOCK into which a CONVERTIBLE BOND can be exchanged, generally computed as: where Convratio is the CONVERSION RATIO and S is the stock price. Also know as CONVERSION VALUE, PARITY. See also CONVERSION PREMIUM, CONVERSION PRICE, INVESTMENT VALUE.

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更新时间:2025/1/13 23:04:21